True-Down Amount definition
True-Down Amount shall have the meaning given to that term in Section 7.1(g).
Examples of True-Down Amount in a sentence
During the period commencing with its receipt of such notice and ending on the Closing Date, Eagle may elect in its sole discretion to accept reduced Merger Consideration in the form of a reduced number of shares of Community Trust Common Stock and/or reduced cash in an amount per Eagle Share, as applicable, equal to the True-Down Amount Per Share.
The True-Down Amount Per Share shall be a reduction in shares of Community Trust Common Stock valued for this purpose at the Average Closing Price and/or cash, or a combination thereof, as determined by Community Trust.